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Search Results 0 to 26 of about 27 (some duplicates have been removed)
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
across the southern portions of the uk, though. what this is going to be bringing is the risk of flooding. last week you saw very significant flooding here, and the ground is already stamp rated so you do not need any more rainfall coming across this yair. speaking of flooding, turkey, flashflooding, also at risk of a strong and severe storm system pushing across the country on your friday and going into the weekend. temperatures remain rather cold into the west, moscow, mais now 4 for your high, and 5 and 6 in london and paris starting off your weekend. now here's a look at your extended forecast. ♪ >>> we'll be back with more updates in 30 minutes. i'm gene otani in tokyo.
's royal family turns up dead. we have reaction from the uk and asked if the public ridicule may have played a role in this heartbreaking turn of events. one of our most important allies at risk of losing the democracy that people died for a couple of years ago. we'll look at the future of egypt and what will happen if one of america's most important allies implodes. [chanting] u. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request this free decision guide to help you better understand medicare... and which aarp medicare s
to france or the u.k.? the new rumbles of anna wintour as ambassador coming up next. melissa: more breaking news right now. disney and netflix reaching a multiyear catalog deal. netflix will be the exclusive u.s. subscription television service for first-run live action animated disney films. basically that means you have to go to netflix to get first crack at disney stuff and cartoons to is moms of course. you can see netflix's stock reacting. investors loving this news and the stock is rising substantially on that. you can see it is up there about 7%. thank you. that is little dark for me there. lori: good news for content on netflix. more choices. >>> internet giant yahoo! facing trouble south of the border. a potential judgement against it in a mexican court may cost billions. shibani joshi has the details for us. so the amount of this lawsuit is equivalent of what, like a third of yahoo!'s cash on hand? that is exorbitant. >> it is a huge chunk what a the company has in he bank and this is something investors will pay very close attention to obviously when the company is spending bill
looked at the trade deficit, we were, again, lagging and uke sucking popped water. there's a rising deficit stripping our gdp. >> and right now europe is in a relatively deep recession. we're still above water. lou: you jumped all over the punch line because you talk about things not making sense. folks, this is not making sense. i'm delighted because people have wealth left in the equities market, the bond market. how long will that be the case if we go over the cliff? >> won't be the case for long if we have a recession followed by a typical bear market. lou: how long to get to recession -- >> we can get there pretty quick. in fact, some of the down downdrafts are starting to form. we saw those in the q3 gdp numbers were sinking into @%ntraction. lou: 2.7 -- >> employment reports gnar november and december, not surprised if gains in private sector payrolls are well over 100,000 new jobs. lou: that would not be good. baseline at least, i think, for passable is 125. what's your judgment? >> about the same, okay, that's a c-minus grade, get a "c" if we hit 150. lou: might say a "d" l
. president obama is considering nominating a very fashionable 84 ambassador in e u.k. or france. though the editor, in case you had not guessed, a spokeswoman says she is not interested in diomacy. very happy with her current job. one thing that she is known fr its use of the double wears product is diplomacy. and obvioly very diplomatic. >> don't think so. this is the way politics is done you are a big onor r bumbler for a successful presidential canidates, you usually get reward with these kinds of jobs. you are correct to point out that this woman is knownor her frosted demeanor. i hink the war special relationship between the u.s. and great britain might go down the tubes. >> ambassadors have to be nice. and that is a perequisite. again, this is a woman. absoluly right. she raised $7 million for the obama campgn which certainly gets you consideration, but a won his magaziie featred one ofhe most worst villains in the world at preent inher magazine. diplomacy and bogor don't go handn hand. melissa: and if there's anything weave learned it is so important our diplomats are. this is an
said. we know we're not perfect. this is the managing director, starbucks u.k. we've listened over the past few months. we're committed to the u.k. we will give us an opportunity to build trust and customers. starbucks admitted they were shocked -- they were surprised about the ferocity of the complaints against them. this feeling. does amazon and google follow suit? i think google is a different kettle of fish. google, you do it at your computer. you don't really make that same conscious decision as a consumer. amazon, possibly. you do go on to amazon.co.uk. they could see a consumer backlash. it's the real consumer facing companies, like starbucks, and remember, suzanne, yesterday the british chancellor revised them downward. he raise the taxed and cut -- in that environment, what starbucks has basically done, voluntarily is say we'll pay our share. or at least part of it. >> appreciate it. this guy works as a consee arj in a powerful washington d.c. building. his passion to give back to his hometown in africa has now inspired a whole community. [ male announcer ] this december,
are required to pay less obviously in u.k. pounds. english homeowners are required to pay those back, but the u.s. institutional investors who purchased that they're based on have to pay their obligations, that is u.s. pensioners and other investors in funds have to pay those back in u.s. dollars. as such, the u.k. securitize her will turn three basic currency swap to effectively protect investors from any currency fluctuations in buying the securitization. that way the english homeowner gets their mortgage in u.k. pounds, but ultimately the institutional investor can focus on the credit and prepayment risk of the securities rather than currency fluctuations. historically this has been a challenge and there's been little interaction between cftc in securitization. rule changes and proposals have unfortunately created significant concern for securitization markets. first, posting a cash margin may be required for securitization for the most basic vanilla types. poor regulations may trip up in rope in many securitization transactions into those rules. first let me address briefly the gas margin.
and played a key role in the space race. but in recent years, japan, europe and the uk have all ended the practice, leaving the u.s. and gabon the only two nations that allow scientists to conduct tests on chimpanzees, but maybe not for long. >> if this committee had been tasked to do what it was asked to do five years from now, we probably would have said there is no longer any need for the use of chimpanzees. >> reporter: jeffrey kahn is a professor of bioethics at johns hopkins university. he chaired a blue ribbon committee for the institute of medicine that took a hard look chimpanzee testing in the u.s. as the outcry from animal rights activists reached a crescendo. >> we did acknowledge that from the perspective of this committee, the fact that chimpanzees are very close to humans gives them a different status. >> reporter: in late 2011, the committee laid out strict guidelines for chimp testing: the research must be done only when it's lifesaving, it can't be done ethically in humans, there are no other models, and the animals are socially and humanely housed. when the report a
to do it. it needs u.s. and u.k. government approval as well. because they have nexen has significant assets in both nations. they also at the same time, canada approving a $5.25 billion deal proposed by malaysia petroleum in bid for progress energy. canada selling off assets to two state-owned entities. cnooc deal liable to get a little bit of attention here as well i'm sure, melissa. melissa: very much so. robert, thanks so much. >>> moving on we picked up on an interesting idea to solve the debt crisis. here it is. have the government mint two platinum coins and assign them a value of trillion dollars each. deposit the coins directly into the federal reserve, boom like magic we're $2 trillion away from hitting debt ceiling. under the current law this is perfectly legal. our "money" power panel is back to discuss. economist peter morici. jonathan hoenig from capitalist pig.com and ian shepherd son from pantheon macro advisors. guys, what do you think? this is serious idea out there being float the around. we have the peterson institute, they're a bunch of serious folks out there say
in the west bank. the u.s., france and the uk say they will set back decisions. the u.n. gave palestinians nonmember observer state status. israeli prime minister benjamin netanyahu has not publicly acknowledged approval, but a senior government official says he has sign off on those plans. >>> in washington, the calendar is coming ever closer to that fiscal cliff. we'll hear where each side stands and if we are any closer to a deal today. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. when we got marr
's foreign secretary warns syria of using chemical weapons. the u.k. has contingent plans necessary if they launch a chemical attack with potential catastrophic consequences looming, what can be done to turn the situation around. steven yates will be with us just ahead. >> heather: north korea says it is preparation for a controversial rocket launch. big question now -- when? the rocket is on the launch pad and north korean leaders said the launch window would open monday but they are seriously considering readjusting the timing. united nations and others are condemning the launch saying it is a test of technology from missiles capable of reaching the u.s.. >> gregg: negotiations to avoid going over the so-called fiscal cliff draging on and on with little to show for it. in a weekly address, president obama saying he will not budge on his call to raise taxes on the wealthy. >> if we are serious about protecting middle-class families we're going ask the wealthiest americans to pay higher tax rates. that is one principle i won't compromise on. >> gregg: republicans sticking to their g
with your fox news minute. france and the u.k. sum mounting israeli envoys in protest f israeli prime minister benjamin netanyahu plan to build 3,000 settlement homes in the west bank. they authorized the housing units a day after the palestinians were voted by the u.n. to status. >>> despite international warnings, sources in the south korean government say the first stage of the rocket has been put in place suggesting a launch could come early as next week. that could coy inside with south korea's presidential elections. >>> demonstrations raging in egypt as president mohammed morsi and the muslim brotherhood push through a new hard-line islamist constitution. egypt's high court suspending its work indefinitely when morsi's supporters prevented them from entering into the courthouse to rule on the constitution. those are the headlines. back to tracy. tracy: lauren green, thank you very much. auto companies reporting strong november sales today. ford, chrysler, toyota and nissan and hyundai reported strong sales due to hurricane sandy. jeff flock is in chicago with more. hey, jeff. >
in the uk after regulators said it after regulators said it denigrates the bottle drink industries. that is what we havenn next. keep it here. ♪ get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get traightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. dagen: another day, another meeting. it still looks awfully wide in dealing with the looming tax increases and spending cuts. are they closer to a deal than we think? here to answer brett baier. he joins us from washington, d.c. was the white house or the democrats surprised by the republican proposal? >> dagen, i do not think that they were surprised. they knew another proposal would be coming back. they probably guessed that it would not include tax rate increases. that is the dance that is goi
would publish to is pulling your strings. the great problem with america, like in the u.k., is not so much the tax rate, but tax avoidance. the last point that i would like to make, 35 years, it led to the biggest crash since the 1930's. the reason why the state is in some much that is to be bailed out the banking system. maybe we should tackle that first before the flat rate tax system that does not work for people. guest: from our perspective, we vociferously opposed wall street. i thought that that was the very moment that public policy was straightened out in this company. 700 billion bailed out bad actors in this country? i am with you on that. we need to clean out capitalists. let's go after all of those special deals in the tax code. bankers and unions, all of the year marks have been put in their. that is what the tax code is all about. but if tax rates go too high, taxpayers will avoid them. tax rates matter. incentives matter. public policy in washington, d.c., changes the behavior of people. host: national links, this recent piece in roll-call says that freedom works as the
hangover. it was worth it, wasn't it? so good. but in the uk, canada, and some other parts of the world, people are celebrating boxing day. okay, so it is like a black friday in the u.s., retailers offer big discounts, crowds of people fill the streets and stores today hoping to take advantage of those sales. >>> we're a few minutes away from the top of the hour and "the situation room". joe johns is here with the preview. >> a lot of news out there for the day after christmas. we're counting down the minutes until we reach the fiscal cliff. the congress and the white house are running out of time. there was supposed to be a leadership telephone conversation today, while the president heads back here from hawaii. senior congressional correspondent dana bash is following that closely, so we'll be checking in with her. we're also staying on the story of the gun culture in america. we'll talk to former congressman asa hutchinson, a man who is very well known here in the nation's capital, a long-time friend of the gun lobby. he's been tapped to lead the nra plan to put armed guards in schoo
to staffers. >> how about the iphone case you can eat. that's right. the uk's daily mail newspaper reports on a japanese iphone case that doubles as an emergency snack. it's a traditional cracker made of brown rice and salt. not much to look at and not much protection for your phone either. >> tastes like chicken. swedish cop goes above and beyond the call of duty to give a guy a parking ticket. this picture says it all. you think cops in snowy sweden have ticket quotas to fill. >> the man wanted to give a ticket real bad. the new push to free an american imprisoned for year in cuba. for some of you your local news is next. for the rest stick around, you're watching cbs "this morning saturday." >> you have some exciting things to do this weekend? >> come on everybody is mad at me because i'm going to the stones tonight. >> they are green with envy. >> let's talk you have music that makes you feel better? you get pumped up with music in the morning >> absolutely. right now ingrained in my brain right now is kanye. can't get it out of my head. >> does it affect your mood? >>
making news on this saturday. the uk is joining the united states in saying syria is now preparing to use chemical weapons. meanwhile, syrian rebels chose a former officer to lead their unified group. the new commander had defected from the syrian military. also today, the syrian military dropped rockets on to damascus. under rebel control. >>> the los angeles police department looking for new clues in the 15-year-old murder mystery of rapper notorious b.i.g. they're looking into biggie's death again. yesterday police released his autopsy for the first time, hoping to generate some new tips. but family says they want more information. the rapper died in a 1997 drive-by shooting in los angeles. >>> and the second winner of last month's powerball jackpot has come forward, but is not showing his face. arizona lottery official says the winner claimed his prize, but decided to remain anonymous, which is allowed under state law there. the officials say the man is in his 30s and will walk away with a cool $192 million before uncle sam comes a knocking. >>> turning back to domestic politics now.
. with that kind of help. the u.k. has supported us very much. we have been recently asking canada to support us on some of our structural reforms. in my case, right now, military reforms. it is getting a kind of support that is allowing us to get into these different levels. not all cases are equal, but it depends on what you find. for most, the idea of intervention and, i think it is better thinking about cooperation, even with the difficult partners. >> i really would like to get to the audience now. we have a fabulous panel. >> thank you so much. i'm from the united states. thank you, mr. mackay for your hospitality this year. this is a brilliant events. i have to say thank you to senator mccain for your service to our country and your calendar, as usual. -- your candor. the title -- of the really are the good guys -- have the special burden. for the first time have been convened in halifax, canada is in the chair of the arctic council. after canada's chairmanship it will be the united states. there are only eight nations making up the arctic council, but the whole world is interested. china
do better in single-member districts. essentially the u.s., uk system. if it's one islamist facing one liberal, the islamist will almost always win. and then the last election, islamists wind, 82% of the individual sister and considerably less in the prc's. the opposition as a whole generally prefers straight pr and getting rid of the individual seats, but it's still too early to tell. that's one of the weird things is in the next two months they are going to have to have debate about the electoral system. i don't know if exact out that will work. part of it depends on the. i think the brotherhood will go down in vote share, but i wouldn't overstate the drop. again, the brotherhood does best on the district to district level. and they have asked parliamentarians who have personal connections with their constituency, and some of these constituencies are fairly small. so there's a kind of personal touch that's important to social service becomes more important. so on and so forth. so i think for that reason the brotherhood will drop but maybe not as much as people expect. >> so in a
Search Results 0 to 26 of about 27 (some duplicates have been removed)